Historical Year Data · 2016
UK Unemployment in 2016
UK Unemployment opened 2016 at 5.10% and closed at 4.70%, a -7.84% move for the year. The high of 5.10% was reached on January 1, and the low of 4.70% on November 1.
Open
5.10%
2016-01
Close
4.70%
12 data points
High
5.10%
Jan 1
Low
4.70%
Nov 1
Full Year Change
-7.84%
2015 Change
-8.93%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 5.10% | 5.10% | 5.10% | 5.10% | +0.00% |
| Feb | 5.10% | 5.10% | 5.10% | 5.10% | +0.00% |
| Mar | 5.00% | 5.00% | 5.00% | 5.00% | +0.00% |
| Apr | 4.90% | 4.90% | 4.90% | 4.90% | +0.00% |
| May | 4.90% | 4.90% | 4.90% | 4.90% | +0.00% |
| Jun | 4.90% | 4.90% | 4.90% | 4.90% | +0.00% |
| Jul | 5.00% | 5.00% | 5.00% | 5.00% | +0.00% |
| Aug | 4.80% | 4.80% | 4.80% | 4.80% | +0.00% |
| Sep | 4.80% | 4.80% | 4.80% | 4.80% | +0.00% |
| Oct | 4.80% | 4.80% | 4.80% | 4.80% | +0.00% |
| Nov | 4.70% | 4.70% | 4.70% | 4.70% | +0.00% |
| Dec | 4.70% | 4.70% | 4.70% | 4.70% | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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